Last Updated on 19 July 2021
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Emirates Islamic Kunooz Savings Account
Kunooz Savings Account
- This is an Islamic account by nature.
- There is no monthly fees on this account.
- This account can be opened only in AED.
- You need a minimum balance of AED 3000 to avail this account
- Profits gained from this account are distributed from the common mudaraba pool. Profits are accrued are quarterly basis.
- Original passport and valid residence visa
- Original Emirates Identification Card
- Proof of UAE residence
- Original labour card/work ID or original trade license if self employed
- Needed to provide original income transfer letter from the employer
- A chance in winning Quarterly Grand Cash Prize of AED 1 Million.
- Get a chance to win Monthly Prize of Tesla Car
- Every 2 weeks cash Prize of AED 50,000 is offered
- Can be opened for minors as well< br> Can apply as the joint account
Frequently Asked Questions
⭐ What are the charges if the minimum balance is not maintained?
A. AED 25 is charged as fall below fee if the minimum balance is not maintained.
⭐ Are there charges levied for paying utility bills from the account?
A. Yes. AED 10 is charged for paying the utility bills at the counter.
⭐ Can I get supplementary card on the primary debit card?
A. Yes. You can supplementary debit card for free.
⭐ What are the charges for the statement of account?
A. AED 25 is charged to get the monthly statement of account.
⭐ How do I contact Emirates Islamic bank?
A. Visit Emirates Islamic Customer Care page for the phone number, mail address and other contact details of the bank.
⭐ How can I open Emirates Islamic Kunooz Savings Account?
A. You can open this account through the online application form
⭐ Who can open Emirates Islamic Kunooz Savings Account?
A. Individuals, Joint accounts & Minors can open the Emirates Islamic Kunooz savings account.
⭐ What is the minimum amount required to open Emirates Islamic Kunooz Savings Account?
A. AED 3000 is required as a minimum initial deposit for opening this account.
⭐ In which currency can we perform transactions with Emirates Islamic Kunooz Savings Account?
A. Account-holders can perform transactions in AED.
⭐ Do we get any debit card on Emirates Islamic Kunooz Savings Account?
A. Yes. It provides a free international recognized debit card.
⭐ Is there any monthly charge on Emirates Islamic Kunooz Savings Account?
A. No. There isn’t any monthly charge on transactions made with Emirates Islamic Kunooz Savings Account.
⭐ Is Kunooz Savings Account Sharia Compliant?
A. Yes, This account is Sharia Compliant.
⭐ What are the charges on closing the Kunooz Savings Account?
A. AED 100 will be charged if the account is closed within 12 months of opening.
⭐ What are the charges levied on teller transactions performed on Kunooz Savings Account?
A. It provides 6 free transactions beyond that AED 10 will be charged as teller charges.
In order to deliver high standards of banking services, Emirates Islamic Bank was established in the year 2004. The bank is aimed to deliver services in accordance with the standards of Shariah principles. It offers a wide range of products that are designed exclusively for individuals, small businesses and large corporations.
Get in touch with Emirates Islamic Customer Care